India Needs to Separate Debt from Monetary Management

Charan Singh ()

Working Papers from eSocialSciences

Abstract: The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the separation of the two operations is expected eventually to culminate in the RBI focusing on monetary policy with a separate office under the Ministry of Finance managing government debt.

Keywords: debt management; monetary policy; monetary operations; government debt; Economics; Macroeconomic Policy; Monetary Policy (search for similar items in EconPapers)
Date: 2006-04
Note: Policy Matters
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Citations: View citations in EconPapers (1)

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